[Form 4] CIRRUS LOGIC, INC. Insider Trading Activity
Thomas Scott, reported changes in his beneficial ownership of Cirrus Logic, Inc. (CRUS) on 09/18/2025. Under a Rule 10b5-1 plan adopted August 9, 2024, he exercised a non-qualified stock option11,089 shares at an exercise price of $41.49. On the same date he sold 11,089 shares at $121.49. After these transactions the filing reports 37,396 shares beneficially owned by the reporting person. The option referenced was fully vested per the filing (vesting completed 11/7/2022) and only vested shares could be exercised.
- Transaction executed under a Rule 10b5-1 plan, indicating pre-arranged, compliant insider trading
- Full disclosure of exercise and sale prices ($41.49 exercise; $121.49 sale) and post-transaction beneficial ownership (37,396 shares)
- Option was fully vested (vesting completed 11/07/2022) and filing states only vested shares could be exercised
- None.
Insights
TL;DR: Routine insider option exercise and sale executed under a 10b5-1 plan; no novel disclosure or unexpected change in ownership.
The filing shows a synchronized exercise and sale of 11,089 shares on 09/18/2025 under a Rule 10b5-1 plan adopted 08/09/2024. The exercise price was $41.49 and sale price $121.49, and the reporting person retains 37,396 shares after the transactions. The disclosure is precise about vesting (fully vested by 11/07/2022) and indicates direct beneficial ownership. For investors, this is a transparent, rule-compliant insider liquidity event rather than an indicator of material corporate change.
TL;DR: Transaction appears compliant and routine; use of a documented 10b5-1 plan reduces timing concerns.
The report documents an option exercise and contemporaneous sale executed pursuant to a pre-established 10b5-1 plan adopted 08/09/2024. The filer discloses the vesting schedule and that only vested shares were exercisable, which supports governance best practices for insider transactions. The filing is straightforward and contains the required detail for Section 16 reporting, with ownership totals and transaction prices clearly stated.